(PRWEB) October 07, 2011
Clopton Capital is a commerial bridge loan provider and is located in Chicago, IL. They primarily market commercial mortgages, SBA loans and niche financing mechanisms such as gas station loans and semi truck financing. The founder of Clopton Capital is Jake Clopton and this press release is part of Clopton Capital's consistent effort to remain involved with the public, namely their future clients. Clopton Capital can be contacted at CloptonCapital.com.
Due to the recent commercial lending credit crunch Clopton Capital has seen an increase in the amount of applicants who are searching for emergency or interim capital to keep their businesses or commercial properties in existence. This had led Clopton Capital to form their own in-house bridge loan financing services department in conjunction with their already existing bridge loan brokerage services. The proprietary lending program that has been created can in many cases lend a commercial property owner over $1,000,000 on a secured basis in only one week. “So long as someone has reasonable credit, we can lend them up to 75% of the value of whatever collateral is put up to obtain the loan. For instance if a prospective borrower owns a piece of commercial property worth $10,000,000 there is an excellent chance we can lend them $7,500,000 in exchange for the ability to use the property as the collateral”, said Matt Reed, an associate of Clopton Capital.
Bridge loans are being used on a large scale throughout the world to prop up cash poor countries such as Greece and Italy and to help prevent businesses from collapse such as Century Mining and General Motors while they source permanent investment capital or financing. Clopton Capital believes these same financial mechanisms can save many small to medium size businesses here in America.
Clopton Capital can be contacted at their website CloptonCapital.com or at 866.647.1650 during regular business hours central time. Their website contains more specific information about their bridge loan products. Their website dedicated to bridge loans is CapitalBridgeLoans.com.